Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$428,901$422,910
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,145$0
Note rate5.22%7.24%
Blended rate5.22%7.48%
1st payment$2,514.92$2,882.12
2nd payment$0.00$0.00
Taxes / mo$503.42$503.42
Insurance / mo$166.67$166.67
MI / mo$0.00$84.58
HOA / mo$112.00$112.00
Total monthly$3,297.00$3,748.79
Cash to close$40,999$46,990